JEFFERSON SCHOOL FOUNDATION

EIN: 200598073 501(c)(3) Human Services

CHARLOTTESVILLE, VA

Total Revenue
$267,627
Total Expenses
$173,113
Total Assets
$10,230,240
Net Assets
$5,799,292
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
VA
Principal Officer
COL MARTIN V BURKS III
Phone
4342608720
Tax Period
2023-01-01 to 2023-12-31

JEFFERSON SCHOOL FOUNDATION INC, founded in 2004, is a micro nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2018. Revenue fell 2470% from the prior year — a significant decline worth monitoring.

Mission

THE JEFFERSON SCHOOL FOUNDATION (THE FOUNDATION) IS DEDICATED TO PRESERVING AND SUSTAINING THE JEFFERSON SCHOOL AS A VIBRANT AND MEANINGFUL COMMUNITY RESOURCE, PROVIDING CULTURAL AND EDUCATIONAL OPPORTUNITIES TO ITS SURROUNDING COMMUNITY, THE CITIZENS OF CHARLOTTESVILLE AND VISITORS TO OUR REGION. THE FOUNDATION RECOGNIZES AND CELEBRATES JEFFERSON SCHOOL'S RICH HISTORY AND SYMBOLIC IMPORTANCE AS AN AFRICAN AMERICAN SCHOOL IN A RACIALLY SEGREGATED COMMUNITY AS WE PROMOTE A MORE INCLUSIVE FUTURE. OPPORTUNITY THROUGH EDUCATION HAS ALWAYS BEEN AND WILL CONTINUE TO BE AN ENDURING LEGACY OF THE JEFFERSON SCHOOL.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,700
Program Service Revenue $0
Investment Income $32,355
Other Revenue $233,572
TOTAL REVENUE $267,627

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,949
Fundraising Expenses $0
Program Expenses $157,755
Other Expenses $37,164
TOTAL EXPENSES $173,113

Year-over-Year Comparison

2023 2022 Change
Revenue $267,627 $209,390 +0.3%
Expenses $173,113 $134,567 +0.3%
Net Income $94,514 $74,823 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH BELL-BURKS DIRECTOR 1.00
Director
$0 $0 $0
COL MARTIN V BURKS III CHAIRMAN OF 2.00
Officer Director
$0 $0 $0
DR MARCUS MARTIN DIRECTOR 1.00
Director
$0 $0 $0
LEAH PURYEAR DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN RAINEY DIRECTOR 1.00
Director
$0 $0 $0
DR TARRON RICHARDSON DIRECTOR 1.00
Director
$0 $0 $0
JULIAN TALIAFERRO TREASURER/SE 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $267,627 $173,113 $10,230,240 $94,514
2022 $209,390 $134,567 $10,287,936 $74,823
2021 $189,128 $153,451 $10,290,135 $35,677
2020 $294,532 $202,627 $10,501,092 $91,905
2019 $5,965,170 $135,499 $10,491,504 $5,829,671
2018 $422,829 $588,613 $5,964,174 $-165,784
2018 $-2,523,178 $596,059 $10,728,106 $-3,119,237
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